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ECV Eco City

2.875
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Eco City LSE:ECV London Ordinary Share GB00BW1YYP78 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.875 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Eco City Share Discussion Threads

Showing 326 to 349 of 400 messages
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older
DateSubjectAuthorDiscuss
01/12/2015
11:07
Very liquid , could do 2/300 % very easily
bckttsim
01/12/2015
08:22
Good Morning..

I see Nigel Wray and MXC backing this shell.. always interesting to see both investing together.. although Wray was an original shareholder here..

saffy..

safman
15/4/2015
11:40
It is tempting at this level, even though it may be quiet for a few months....GL S
swizz
15/4/2015
11:28
ecv - the 4.8p is a buy.

f

fillipe
10/4/2015
13:50
Please note the following thread which may be of interest:

"THE REVERSE TAKEOVERS & SHELLS THREAD (RTO)"

hedgehog 100
26/3/2015
09:25
bit of interest today....

could this be the next shell to gather pace?

little bit of buying this am

highly illiquid

can only buy 15k at 8.35 now

moreforus
27/2/2015
06:07
I wonder what Nigel Wray had planned for ECV?..........GL S
swizz
23/9/2014
17:49
"Mercedes-Benz has informed KPM that it is terminating its stocking facilities and trading agreements with immediate effect".
mortimer7
30/6/2014
21:23
Seeing results come out this evening you'd be forgiven for thinking these are for a year-end of 31-Mar - nope, these are for the year to 31-Dec meaning ECV has taken the full 6 months permissible to issue results before the shares would have needed to be suspended tomorrow. In almost all circumstances, I would not trust any company that could not issue its (relatively simple) results within 3/4 months - to take six is unforgiveable and is normally covering something up and delaying its release.

In this instance the results tell the tale of static sales (known I would expect), with net debt increasing from £1m to £3.6m, attributable to the purchase of a rental fleet. I've not heard mention of a rental fleet previously, having not followed closely as I've not held for almost a year, but does this activity provide decent margins or is it intended to support the used fleet prices? It's a good job the £2.2m VAT windfall was received else the position would have been worse.

The need for additional funding is also mentioned which will weigh heavily on sentiment until it is completed at a hefty discount. Working capital is just £704k for 2013 so can the company support its expansion plans ahead of the fund raising?

For me, ECV remains uninvestable whilst it faces so many headwinds. I'll continue watching but suspect it may be some time before a tangible recovery is seen.

strollingmolby
25/4/2014
15:14
Trading update RNS. Nice windfall coming from the VAT case which is very timely in light of the poor trading performance.
mortimer7
13/2/2014
15:20
Wonder when we will get an update? In Jan 2013 at least there was a post Fin. y/e trading update. Looks like nothing this year. Hope we don't have to wait till the final results.
mortimer7
17/1/2014
16:41
MB will not discuss compensation on out of warranty cabs , although they admit they have inherent faults on all Vitotaxis . Without an agreement we can only end up one way , in court . Owners are now taking the legal route - See more at: hxxp://www.supercabby.co.uk/uncategorized/mercedes-kpm-and-rear-wheel-steering/#sthash.Irq5SLnH.dpuf
glasgow13
16/1/2014
19:59
Why the meter's ticking over at Tim Yeo Taxis

By John Ward January 16, 2014





Tim Yeo is being destroyed by the markets and his local Party, not by Parliament and the Law.

A Defra report in May 2013 (following testing of 10,000 London Taxis by the Environmental Research Group at Kings) showed that almost deselected MP Tim Yeo's taxis were creating MORE Nitrogen Dioxide than the older cabs he wanted to replace. With a lot of help from his equally bent chum Mayor Jobdone, however, Tim got the contract....but now things aren't turning out so well.

Over the last month, he has seen his shares in Eco City Vehicles crash by 25%. Mind you, not without reason: some major technical issues (like the failure of the rear wheel steering) have given investors the heebie-jeebies, while a good dollop of healthy free-market competition has emerged in the shape of Nissan, whose unleaded version of a London Taxi which has been approved by Transport for London, and is, at around £30k, cheaper than the Timmytaxi.



More:

maxk
12/1/2014
10:49
Dunno - was hoping these would have seen a bid by year end. Still got the small amount I bought but they let me down in the Stockchallenge for 2013. Perhaps 2014 is the year.

CR

cockneyrebel
12/1/2014
10:44
There was a fantastic end to the year in Mercedes sales - 75 sold versus 63 LTI cabs. (Nov-13 numbers were 29 Mercs, 109 LTI).

Does anyone know why there was a year-end spike up in sales? There was no corresponding jump last year (42) when LTI cabs were all under recall (0).

strollingmolby
06/1/2014
12:38
Nissan taxi to go on sale in Dec-14:

hxxp://www.standard.co.uk/news/transport/new-london-black-cab-is-unveiled-by-nissan--and-it-will-be-fully-electric-by-end-of-2015-9041167.html

strollingmolby
03/1/2014
12:59
hxxp://www.genii-capital.com/uploads/74_-DSC1205.jpg
glasgow13
03/1/2014
12:49
very quiet on here, anyone any view on why the share price is dropping at such an alarming rate?
philjh
04/12/2013
19:30
Here's hoping:-

ryan83 4 Dec'13 - 15:30 - 358066 of 358157 0 0

ECV tuck em in a drawer get em out at 3p!

mortimer7
04/12/2013
15:03
nice move up after being on the pause for the last couple days.

re - Henderson's have increased from below 5% to 15.98% , 75M shares

the truth

Henderson had 0 shares, but due to the good results wanted a stake, they aproached the directors who hold the majority of the shares and ask to sell some to them.
3 directors sold 25M each and that is how Henderson finished with 75M shares ( 15.98% ) on the 29 November 13

This is normal practise on small companies with a few free shares and directors holding over 50% to 75% stakes after coming to market recently

master rsi
04/12/2013
12:02
Firming up rather nicely - watch out if 2.2p goes imo - that would be a major break out.

tiny/AIM/illiquid/risk - so not holding more than I can afford to lose - illiquidity might be a positive feature if these do see a bid tho imo.

All imo/dyor etc.

CR

cockneyrebel
29/11/2013
17:07
About 35% between Wray and Henderson.

Wouldn't think they are acting in concert but if there's a buyer out there I bet there's an easy 35% to be picked up if the stump up 4p+.

Way more than 4p would be cheap still imo.

4p would be £20m - sounds rather cheap for what the company has imo - they only have net debt of £700k at the interims and not far from profitability.

Always thought these would be taken out before year end - getting tight with only a month to go :-)

Chart up steeply on very heavy volume tho - always nice to see :-)

CR

cockneyrebel
29/11/2013
16:48
It must have been a maiden purchase from Hendersons then. As i said earlier the end game approaches here.
fozzie
29/11/2013
15:21
Henderson's have increased from below 5% to 15.98% , 75M shares.

They could have held any amount from 0 to just below 5% previously.


Also Nigel Wray has increased his holding from 81.95M to 87.2M (18.58%)

cottoner
Chat Pages: 16  15  14  13  12  11  10  9  8  7  6  5  Older

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